Burnaby BC detached housing market update for August 2018

MLS Home Price Index

MLS Home Price Index for the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: $1,269,200 | -3.9% (change since August 2017)

Burnaby North: $1,501,200 | -5.8% (change since August 2017)

Burnaby South: $1,621,000 | -5.6% (change since August 2017)


Average Sales Price

Average Sales Price of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: $1,384,823 | -0.4% (change since August 2017)

Burnaby North: $1,749,432 | +1.2% (change since August 2017)

Burnaby South: $1,765,238 | -2.2% (change since August 2017)


Average Percent of Original Price

Average Percent of Original Asking Price of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 96.1% | +0.1% (change since August 2017)

Burnaby North: 94.4% | -1.2% (change since August 2017)

Burnaby South: 90.3% | -2.9% (change since August 2017)


Total Inventory

Total Inventory of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 67 | -5.6% (change since August 2017)

Burnaby North: 218 | -7.2% (change since August 2017)

Burnaby South: 254 | -6.3% (change since August 2017)


New Listings

All New Listings of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 11 | -47.6% (change since August 2017)

Burnaby North: 53 | -30.3% (change since August 2017)

Burnaby South: 47 | -35.6% (change since August 2017)


Total Sales

Sales of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 7 | +75.0% (change since August 2017)

Burnaby North: 22 | -31.3% (change since August 2017)

Burnaby South: 12 | -58.6% (change since August 2017)


Sales to Actives Ratio

Sales to Active Listings Ratio of the detached houses in Burnaby in August 2018 (see graph below)

Burnaby East: 0.104 | +85.7% (change since August 2017)

Burnaby North: 0.101 | -25.7% (change since August 2017)

Burnaby South: 0.047 | -56.1% (change since August 2017)

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